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Budget 2025: Manufacturing sector highlights and reactions
The Budget has also introduced a Focus Product Scheme for the footwear and leather industry, aiming to create 2.2 million jobs and generate Rs 4 trillion in turnover. Read more
Budget 2025: Auto industry highlights and reactions
MSMEs in the auto supply chain will benefit from easier credit access, enabling component manufacturers and dealerships to scale operations and invest in new technology. Read more
Budget aims to integrate India with global supply chains, boost manufacturing
Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promoting global capability centres in emerging tier 2 cities.Read more
Budget launches National Manufacturing Mission, revises MSMEs classifications
To boost exports, an Export Promotion Mission will be established with sector-specific and ministerial targets, says budget 2025-26.Read more
Budget 2025 aims to boost economy by propping up consumption, rejigs duties
FM Nirmala Sitharaman mentions agriculture, MSMEs, investments and exports as four crucial engines to propel the country's growth.Read more
Economic Survey expects India’s industrial sector to grow by 6.2% in FY25
Consumer-focused sectors like automobiles, electronics, and pharmaceuticals have emerged as growth drivers. Domestic production of electronic goods shows remarkable growth of CAGR of 17.5 per cent from FY15 to FY24.Read more
Economic Survey 2024-25: India’s economic prospects for FY26 are balanced
While the Survey acknowledges potential headwinds such as geopolitical uncertainties, trade disruptions, and possible commodity price shocks, it also highlights several domestic growth drivers.Read more
Indian electronics industry's mission $ 500 billion
Indian electronics industry has set an ambitious target of $500 billion by 2030 from present $ 101 billion. The task is challenging, but not insurmountable. As a result, the industry is on the cusp of unprecedented growth, says Rakesh Rao.Read more
We want India to account for 10% of Renesas' revenues: Malini Narayanamoorthi
In this freewheeling interview with Rakesh Rao, Malini Narayanamoorthi, India Country Manager and VP of MID Engineering, Analog & Connectivity Group, Renesas, elaborates on challenges and opportunities in the semiconductor space for IndiaRead more
4th India Battery Manufacturing and Supply Chain Summit 2025: A success
The summit aimed to create new partnership opportunities and devise a roadmap for the battery manufacturing and supply chain industry.Read more